OFFICES


OIG: Office of Inspector General
   Current Section

Investigation Report

United States Attorney
District of New Jersey


FOR IMMEDIATE RELEASE
September 02, 2010

CONTACT: Rebakah Carmichael
Office of Public Affairs
PUBLIC INFORMATION OFFICE
(973) 645-2888

NEW JERSEY CITY UNIVERSITY EMPLOYEE, HUSBAND INDICTED FOR STEALING HUNDREDS OF THOUSANDS FROM STUDENT GOVERNMENT ORGANIZATION

NEWARK, N.J. – The suspended office manager for the New Jersey City University (“NJCU”) Student Government Organization (“SGO”) and her husband were indicted today by a federal grand jury for allegedly running a scheme to steal funds from the university through unauthorized checks, United States Attorney Paul J. Fishman announced.

Shaunette R. Moody, 48, and Alexander Moody, 51, both of Jersey City, N.J., are each charged with conspiring to steal the funds. Shaunette Moody is also charged with theft from an organization receiving federal benefits; Alexander Moody is charged with aiding and abetting that theft. The total loss of NJCU funds resulting from the scheme exceeded $420,000.

The Moodys are currently in state custody and are expected to appear to face the charges in the Indictment as early as next week in Newark federal court.

According to the Indictment filed in this case:

The Moodys conspired to exploit Shaunette Moody’s duties as the SGO office manager by issuing unauthorized checks made payable to themselves and others. Between May 7, 2007, and June 25, 2010, Shaunette Moody caused at least 237 checks to be fraudulently issued from the SGO, many of which were payable to her or her husband. The signatures authorizing most of the checks were forged. At least 219 of the checks were cashed, for a total value of $424,880.97.

The defendants each face a maximum potential penalty of five years in prison on the conspiracy charge and a maximum potential penalty of 10 years in prison on the substantive theft charges. Each charge also carries a fine of twice the gross gain or loss resulting from the offense.

U.S. Attorney Fishman credited special agents of the Internal Revenue Service – Criminal Investigation, under the direction of Special Agent in Charge Victor W. Lessoff in Newark, and special agents of the U.S. Department of Education, Office of the Inspector General, under the direction of Special Agent in Charge Brian Hickey, for the continuing investigation which led to the Indictment.

The government is represented by Assistant U.S. Attorney Randall H. Cook of the United States Attorney’s Office Criminal Division in Newark.

The charges and allegations made in the Indictment are merely accusations, and the defendants are considered innocent unless and until proven guilty.

10-248

###


 
Print this page Printable view Bookmark  and Share
Last Modified: 10/04/2010